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Key Trends Shaping the Future Biocides Market From 2025-2034: FMC Corporation Launches ENTAZIA, A Next-Generation Biocide For Rice Farmers
Biocides Market
The expansion of the biocide market is driven by the rising adoption of antimicrobial protection in final-use industries. Antimicrobial protection is a compound that has the ability to reduce or suppress the presence of microorganisms like bacteria and mold. Biocides are broadly utilized in numerous end-use industries such as agrochemicals, food & beverages, water treatment, paints & coatings, cosmetics & personal care, oil & gas, and pulp & paper, where they serve as an antimicrobial, disinfectant, and preservative. In hospitals and other medical establishments, it is crucial to use biocides to prevent and manage the spread of infectious diseases. For example, in March 2024, the FDA stated that it would provide cooperative agreements amounting to three rewards of $600,000 for the fiscal year 2024 and up to five prizes of $1,000,000 for the fiscal year 2025. This financial aid is part of FDA's continual efforts to collect information on the use of antimicrobials in animals. As a result, the escalation in the implementation of antimicrobial protection in end-use industries propels the biocides market's growth.
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What is the projected compound annual growth rate (CAGR) of the biocides market from 2025 to 2034, and what factors influence it?
The market size for biocides has seen significant growth over recent years. The market value is set to increase from $12.99 billion in 2024 to $13.75 billion in 2025, showing a compound annual growth rate (CAGR) of 5.9%. This historical growth can be credited to factors such as rising population and urbanization, growth in the healthcare industry, heightened hygiene awareness, increasing worries about water standards, strict rules on preservatives, and preventive action in the agricultural sector.
The biocides market is projected to witness robust expansion in the approaching years, reaching a worth of $18.95 billion by 2029 with a compound annual growth rate (CAGR) of 8.4%. This surge during the forecast period can be linked to the emergence of bio-based biocides, growth in oil and gas exploration, need for wood preservation, heightened consumer consciousness, emphasis on antimicrobial textiles, and the rise in personal care products. The trend for the forecast period includes escalated utilization in water treatment, advancements in microbial control, biosecurity applications in agriculture, an increase in antifouling solutions, and breakthroughs in biocides delivery methods.
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How are the latest trends influencing the growth of the biocides market?
Major firms in the animal and biocides sector are concentrating their efforts on creating innovative products like ENTAZIA, with the aim of assisting rice farmers in safeguarding their crops and enhancing their yield. ENTAZIA is a versatile biocide that can combat an array of plant diseases, notably rice leaf blight, while preserving beneficial organisms, thanks to its high selectivity. In August 2023, for example, FMC Corporation, a chemical manufacturing corporation situated in the United States, rolled out its latest biocide, ENTAZIA, onto the Indian market to tackle rice leaf blight. Underpinned by a distinct active ingredient called fluopicolide, ENTAZIA is a cutting-edge biocide that offers wide-ranging activity, heightened selectivity, system-wide action, and minimal environmental damage. In essence, ENTAZIA is a potent and successful biocide that could be a game changer for rice farmers in terms of crop protection and yield growth.
What are the major segments of the biocides market and their role in driving growth?
The biocides market size has grown strongly in recent years. It will grow from $12.99 billion in 2024 to $13.75 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growing population and urbanization, expansion of healthcare sector, increasing awareness of hygiene, rising concerns about water quality, stringent regulations on preservatives, preventive measures in agriculture.
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Which regions are key players in the growth of the biocides market?
Asia-Pacific was the largest region in the biocides market in 2024. The regions covered in the biocides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the biocides market?
Major companies operating in the biocides market are Chem Treat Inc., The Dow Chemical Company, LANXESS AG, Thor Group Limited, BASF SE, Kemira Oyj, Solvay SA, Nouryon Holding B.V., Solenis LLC, Veolia Environnement S.A., Troy Corporation, Sigma-Aldrich Corporation, BWA Water Additives, General Electric Company, Italmatch Chemicals S.p.A., Ecolab Inc., Evonik Industries AG, Clariant AG, Corbion NV, Kemin Industries Inc., Albemarle Corporation, Reckitt Benckiser Group PLC, GOJO Industries Inc., Henkel AG & Co. KGaA, Unilever N.V., Akzo Nobel NV, Buckman Laboratories International Inc., Hexion Inc., Lonza Group Ltd.
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What Is Covered In The Biocides Global Market Report?
• Market Size Forecast: Examine the biocides market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the biocides market for a structured understanding.
• Key Players Overview: Analyze major players in the biocides market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the biocides market.
• Segment Contributions: Evaluate how different segments drive overall growth in the biocides market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the biocides market.
• Industry Challenges: Identify potential risks and obstacles affecting the biocides market.
• Competitive Landscape: Review strategic developments in the biocides market, including expansions, agreements, and new product launches.
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